By David Lawder WASHINGTON (Reuters) – Republican presidential candidate Donald Trump’s tax and spending plans would produce more than twice as much new debt as the plans from Vice President Kamala Harris, a budget-focused think-tank estimated on Monday. The Committee for a Responsible Federal Budget, which advocates reducing federal deficits, released new detailed estimates showing…
By Brendan O’Brien (Reuters) – As Hurricane Milton strengthened to a Category 5 storm on Monday, Floridians scrambled to prepare for its arrival this week near Tampa, where it may bring blistering winds, life-threatening storm surge and torrential rains to the Gulf Coast for the second time in two weeks. Milton strengthened to the most…
SAO PAULO (Reuters) – Danish drugmaker Novo Nordisk will invest 864 million reais ($158.2 million) to revamp a plant in Brazil responsible for pumping out a quarter of its insulin production globally, the firm said on Friday. The funds will overhaul the Montes Claros factory, in the southeastern state of Minas Gerais, and implement sustainable…
(Reuters) – Former U.S. President Barack Obama will campaign for vice president and Democratic presidential candidate Kamala Harris in the month leading up to the Nov. 5 U.S. election, the Washington Post reported on Friday. Obama will kick off his efforts with a trip to Pittsburgh on Thursday, the Washington Post said, citing a senior…
(Reuters) – Boeing and Lockheed Martin’s joint venture, United Launch Alliance, said on Friday its Vulcan rocket successfully launched its second mission, in what is a crucial step to receive certification for Pentagon missions. Vulcan, developed to replace ULA’s workhorse Atlas V rocket and rival the reusable Falcon 9 from Elon Musk’s SpaceX, took off…
MILAN (Reuters) – Stellantis shares fell further on Thursday amid concerns over the sustainability of the automaker’s dividend following a profit warning earlier this week. The shares dropped over 4% to their lowest level since July 2022, bringing their fall this year to more than 43% and cementing their position as worst performers among European…
(Reuters) – Levi Strauss’ shares slumped about 11% in premarket trading on Thursday after it forecast tepid holiday quarter revenue as the denim maker grapples with weak demand from retailers with consumers paring back spending. The company, whose stock has risen about 27% so far this year and was trading at $18.77 premarket, also said…
By Trevor Hunnicutt and Gabriella Borter (Reuters) – Vice President Kamala Harris plans to campaign with former Congresswoman Liz Cheney on Thursday in Wisconsin as the Democratic presidential candidate tries to court Republican and centrist voters in a battleground state for the Nov. 5 election. Cheney and her father Dick Cheney, former Vice President under…
By Lisa Richwine LOS ANGELES (Reuters) – One of two California doctors who were among the five people charged in the overdose death of “Friends” star Matthew Perry is expected to plead guilty on Wednesday to a charge of illegally distributing the drug ketamine. Dr. Mark Chavez has signed an agreement with prosecutors to plead…
By Akash Sriram (Reuters) -Tesla handed over fewer vehicles than analysts expected in the third quarter as stiff competition in China and Europe hit demand for its aging models, putting the electric-vehicle maker at risk of its first-ever decline in annual deliveries. Shares of the world’s most valuable automaker fell more than 6% in morning…
